Product Overview

Product Overview

A Competitive Edge

Product Features

ModMaster Users

Licensed by NCCI
 
System Requirements

Technical Support

ModMaster WebHelp

How to Buy

 Videos 

Why ModMaster?

Getting Started with ModMaster

Who uses ModMaster?

ModMaster users are

• big brokers

• independent agents and brokers

• self-insured groups and TPAs

• insurance companies

Read what they have to say about ModMaster.

The workers compensation modification factor

can often be an overlooked or misunderstood element of an employer's workers comp policy. While most employers realize that a lower workers comp mod (also called the experience rating factor, ex-mod, or x-mod) is somehow a good thing, many don't make the connection between this number and their premium costs. Others don't realize that a mod of 1.0 is just average, and they may have considerable opportunities for saving on their workers comp premiums. That's where we can help.

ModMaster software

is easy to use software for computing, analyzing and presenting the workers comp mod. ModMaster is

Gain a competitive edge by understanding what drives

workers comp premium costs

ModMaster enables you to

• accurately project the experience rating factor before it is promulgated by the bureau

• identify the minimum mod possible and calculate the controllable mod, thus showing how much money could be saved in premiums

• analyze losses to show what specific losses cost in increased premiums

• better communicate the factors affecting the mod and illustrate the value of loss control and loss prevention services

• anticipate client concerns, such as a significant change in payroll or loss trends which may impact the mod for several years

• increase accuracy of cost allocation and risk management decisions

• use the mod in underwriting before it is promulgated by the bureau

• forecast the mod for the next policy period

• compute and verify the accuracy of mods

For more about ModMaster's benefits, view the video Why ModMaster?.

User-friendly features.

ModMaster features include

• easy to use data entry screens and system navigation. The "NEXT" button steps you through the process of entering required data and performing a calculation.

• web-based training videos which show you the operation of every page within the software and highlight features that you shouldn't miss 

• support for single and multi-state mod calculations using NCCI (including California), Pennsylvania/Delaware and New Jersey calculation methods.  See a complete listing of all states supported

• automatic lookup of experience rating data based on the effective date of the mod

• exception handling for any type of credit program, ARAP, Maine, and more

• over 30 reports and graphs, including the familiar bureau-style report and numerous sensitivity reports reflecting the impact on the mod by losses and payroll

• functions for analyzing deductible levels, forecasting mods and performing what-if scenarios with the formula calculator

• on- screen tips and help, web-based videos, and unlimited toll free phone and email support

• approximately 12 web-based updates per year, to ensure you have the latest rating data

• for a better idea of how the system works, view the video
  Getting Started with ModMaster